TriNet Group, Inc. (TNET) quarterly balance sheet — complete assets, liabilities & equity history
TriNet Group, Inc. (TNET) balance sheet — 14-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 2.43B | 2.38B | 2.48B | 2.87B | 2.5B | 2.76B | 2.86B | 3.18B | 2.6B | 2.57B | 2.84B | 2.58B | 1.85B | 2.18B | 2.63B | 2.33B | 1.97B | 1.96B | 2.09B | 2.44B |
| Cash & Short-Term Investments | 378M | 358M | 340M | 287M | 321M | 407M | 349M | 360M | 301M | 249M | 383M | 352M | 245M | 551M | 796M | 430M | 549M | 456M | 389M | 747M |
| Cash Only | 328M | 358M | 340M | 287M | 321M | 407M | 349M | 360M | 251M | 177M | 298M | 287M | 170M | 482M | 707M | 354M | 454M | 336M | 235M | 612M |
| Short-Term Investments | 50M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50M | 72M | 85M | 65M | 75M | 69M | 89M | 76M | 95M | 120M | 154M | 135M |
| Accounts Receivable | 378M | 431M | 458M | 284M | 486M | 499M | 499M | 381M | 526M | 500M | 478M | 465M | 425M | 381M | 386M | 394M | 372M | 318M | 327M | 339M |
| Days Sales Outstanding | 31.67 | 34.34 | 27.23 | 28.38 | 36.78 | 36.68 | 30.65 | 31.46 | 38.15 | 35.8 | 33.47 | 32.88 | 30.34 | 28.87 | 28.17 | 28.74 | 25.58 | 24.46 | 24.61 | 24.34 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 1.63B | 1.54B | 1.62B | 2.21B | 1.64B | 1.81B | 1.95B | 2.38B | 1.71B | 1.74B | 1.9B | 1.69B | 1.11B | 1.17B | 1.36B | 1.43B | 981M | 1.12B | 1.32B | 1.29B |
| Total Non-Current Assets | 962M | 962M | 936M | 929M | 927M | 926M | 918M | 939M | 1.12B | 1.14B | 1.13B | 1.11B | 1.11B | 1.11B | 1.11B | 1.12B | 1.11B | 1.09B | 1.11B | 870M |
| Property, Plant & Equipment | 74M | 67M | 60M | 47M | 48M | 49M | 31M | 34M | 44M | 35M | 37M | 41M | 40M | 56M | 60M | 55M | 128M | 129M | 130M | 66M |
| Fixed Asset Turnover | 16.67x | 18.55x | 22.92x | 26.27x | 25.40x | 30.95x | 39.75x | 34.00x | 31.32x | 34.53x | 32.87x | 30.74x | 25.46x | 20.84x | 21.67x | 13.40x | 9.66x | 9.27x | 12.43x | 13.11x |
| Goodwill | 465M | 465M | 461M | 461M | 461M | 461M | 461M | 461M | 462M | 462M | 462M | 462M | 462M | 462M | 462M | 462M | 462M | 430M | 433M | 294M |
| Intangible Assets | 176M | 173M | 155M | 153M | 151M | 148M | 146M | 156M | 179M | 176M | 174M | 172M | 169M | 156M | 155M | 163M | 103M | 95M | 100M | 61M |
| Long-Term Investments | 0 | 0 | 122M | 128M | 125M | 124M | 134M | 145M | 145M | 156M | 161M | 143M | 143M | 146M | 142M | 151M | 142M | 159M | 165M | 168M |
| Other Non-Current Assets | 247M | 257M | 138M | 140M | 142M | 144M | 146M | 143M | 294M | 308M | 294M | 297M | 299M | 293M | 288M | 286M | 279M | 274M | 283M | 281M |
| Total Assets | 3.39B | 3.35B | 3.42B | 3.8B | 3.42B | 3.69B | 3.77B | 4.12B | 3.73B | 3.7B | 3.97B | 3.69B | 2.97B | 3.29B | 3.74B | 3.44B | 3.08B | 3.04B | 3.2B | 3.31B |
| Asset Turnover | 0.35x | 0.35x | 0.34x | 0.35x | 0.35x | 0.33x | 0.33x | 0.34x | 0.33x | 0.32x | 0.33x | 0.37x | 0.39x | 0.34x | 0.35x | 0.38x | 0.41x | 0.38x | 0.37x | 0.39x |
| Asset Growth % | -0.93% | -9.27% | -9.4% | -7.82% | -8.15% | -0.41% | -4.86% | 11.54% | 25.72% | 12.55% | 6.21% | 7.26% | -3.67% | 8.08% | 16.6% | 4.05% | 0.33% | 2.22% | 6.62% | 8.74% |
| Total Current Liabilities | 2.14B | 2.11B | 2.23B | 2.64B | 2.25B | 2.51B | 2.65B | 2.98B | 2.44B | 2.46B | 2.67B | 2.46B | 1.7B | 1.71B | 2.23B | 1.99B | 1.52B | 1.58B | 1.79B | 1.74B |
| Accounts Payable | 91M | 103M | 89M | 86M | 89M | 85M | 82M | 89M | 82M | 85M | 122M | 87M | 109M | 100M | 130M | 98M | 122M | 108M | 118M | 86M |
| Days Payables Outstanding | 9.28 | 9.37 | 8.5 | 7.47 | 7.88 | 7.46 | 7.6 | 7.14 | 7.51 | 9.5 | 9.64 | 8.89 | 10.14 | 11.05 | 11.03 | 10.18 | 11.13 | 11.08 | 10.28 | 7.09 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 90M | 74M | 75M | 75M | 84M | 109M | 109M | 0 | 0 | 295M | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 76M | 49M | 57M | 43M | 41M | 49M | 76M | 39M | 70M | 51M | 65M | 73M | 78M | 131M | 106M | 54M | 74M | 124M | 97M |
| Other Current Liabilities | 1.24B | 0 | 237M | 249M | 242M | 237M | 234M | 233M | 237M | 225M | 218M | 225M | 234M | 221M | 223M | 228M | 220M | 205M | 214M | 229M |
| Current Ratio | 1.14x | 1.13x | 1.12x | 1.09x | 1.11x | 1.10x | 1.08x | 1.07x | 1.07x | 1.04x | 1.06x | 1.05x | 1.09x | 1.28x | 1.18x | 1.17x | 1.29x | 1.24x | 1.17x | 1.40x |
| Quick Ratio | 1.14x | 1.13x | 1.12x | 1.09x | 1.11x | 1.10x | 1.08x | 1.07x | 1.07x | 1.04x | 1.06x | 1.05x | 1.09x | 1.28x | 1.18x | 1.17x | 1.29x | 1.24x | 1.17x | 1.40x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 1.12B | 1.11B | 1.11B | 1.11B | 1.07B | 1.07B | 1.07B | 1.07B | 1.16B | 1.14B | 1.16B | 1.15B | 1.25B | 668M | 676M | 680M | 702M | 698M | 721M | 689M |
| Long-Term Debt | 896M | 896M | 896M | 895M | 895M | 894M | 909M | 908M | 993M | 984M | 984M | 984M | 1.09B | 496M | 496M | 496M | 496M | 495M | 495M | 495M |
| Capital Lease Obligations | 56M | 44M | 39M | 37M | 38M | 48M | 24M | 26M | 30M | 24M | 27M | 30M | 30M | 33M | 36M | 41M | 41M | 45M | 48M | 41M |
| Deferred Tax Liabilities | 51M | 54M | 54M | 55M | 9M | 10M | 10M | 11M | 18M | 13M | 13M | 13M | 5M | 7M | 9M | 8M | 29M | 22M | 26M | 11M |
| Other Non-Current Liabilities | 121M | 118M | 122M | 119M | 124M | 121M | 123M | 124M | 119M | 119M | 132M | 125M | 127M | 132M | 135M | 135M | 136M | 136M | 152M | 142M |
| Total Liabilities | 3.26B | 3.22B | 3.34B | 3.74B | 3.31B | 3.58B | 3.71B | 4.05B | 3.6B | 3.6B | 3.83B | 3.62B | 2.96B | 2.38B | 2.91B | 2.67B | 2.22B | 2.28B | 2.51B | 2.43B |
| Total Debt | 963M | 950M | 946M | 942M | 943M | 1.03B | 1.02B | 1.02B | 1.11B | 1.1B | 1.13B | 1.14B | 1.14B | 544M | 843M | 552M | 552M | 555M | 558M | 547M |
| Net Debt | 635M | 592M | 606M | 655M | 622M | 628M | 670M | 662M | 862M | 928M | 836M | 850M | 966M | 62M | 136M | 198M | 98M | 219M | 323M | -65M |
| Debt / Equity | 7.24x | 7.60x | 11.40x | 17.44x | 8.57x | 9.67x | 16.17x | 14.81x | 8.63x | 11.05x | 7.93x | 14.58x | 113.60x | 0.59x | 1.02x | 0.71x | 0.64x | 0.73x | 0.80x | 0.62x |
| Debt / EBITDA | 14.16x | 8.72x | 6.10x | 28.55x | 11.50x | 12.47x | 6.89x | 19.28x | 14.27x | 10.05x | 7.99x | 9.55x | 7.73x | 4.73x | 4.46x | 5.81x | 3.78x | 4.37x | 2.45x | 5.30x |
| Net Debt / EBITDA | 9.34x | 5.43x | 3.91x | 19.85x | 7.59x | 7.57x | 4.53x | 12.49x | 11.05x | 8.44x | 5.89x | 7.14x | 6.57x | 0.54x | 0.72x | 2.08x | 0.67x | 1.72x | 1.42x | -0.63x |
| Interest Coverage | 4.25x | 6.29x | 10.46x | 1.07x | 4.85x | 4.40x | 9.21x | -1.47x | 4.87x | 6.06x | 8.75x | 6.00x | 13.40x | 19.50x | 26.71x | 11.67x | 6.09x | 25.20x | 41.00x | 19.60x |
| Total Equity | 133M | 125M | 83M | 54M | 110M | 107M | 63M | 69M | 129M | 100M | 143M | 78M | 10M | 915M | 825M | 775M | 856M | 763M | 695M | 881M |
| Equity Growth % | 20.91% | 16.82% | 31.75% | -21.74% | -14.73% | 7% | -55.94% | -11.54% | 1190% | -89.07% | -82.67% | -89.94% | -98.83% | 19.92% | 18.7% | -12.03% | 5.81% | 2.55% | 6.43% | 45.14% |
| Book Value per Share | 2.83 | 2.66 | 1.77 | 1.13 | 2.29 | 2.18 | 1.29 | 1.38 | 2.58 | 1.96 | 2.80 | 1.53 | 0.17 | 15.25 | 13.75 | 12.50 | 13.59 | 12.11 | 10.53 | 13.15 |
| Total Shareholders' Equity | 133M | 125M | 83M | 54M | 110M | 107M | 63M | 69M | 129M | 100M | 143M | 78M | 10M | 915M | 825M | 775M | 856M | 763M | 695M | 881M |
| Common Stock | 1.19B | 1.17B | 1.15B | 1.14B | 1.11B | 1.09B | 1.07B | 1.06B | 1.04B | 1.02B | 996M | 976M | 953M | 934M | 910M | 899M | 878M | 861M | 837M | 808M |
| Retained Earnings | -1.05B | -1.05B | -1.07B | -1.08B | -1B | -988M | -1.01B | -984M | -910M | -916M | -848M | -896M | -935M | -13M | -83M | -119M | -17M | -86M | -133M | 74M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -6M | -3M | -2M | 0 | 0 | 0 | -1M | -3M | 2M | -5M | -5M | -2M | -8M | -6M | -2M | -5M | -5M | -12M | -9M | -1M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |